As expected, the FED did not change the interest rate but issued a guidance to what it would do in the future:
The Committee judges that the case for an increase in the federal funds rate has strengthened but decided, for the time being, to wait for further evidence of continued progress towards its objectives.
As the author argues, there will be no change next time the FED meets, as this is one week before the Presidential election. The central bank cannot make an impression of being partisan.
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